If you are looking for a secure and reliable option to safeguard your valuables, Bandhan Bank offers an array of locker facilities across more than 499 branches. With competitive rental charges, convenient rent payment options, and excellent customer service, Bandhan Bank lockers are the ideal choice for your storage needs.
In this article you get to know about Bandhan Bank locker charges. This article is written after referring locker charges mentioned in Bandhan Bank official website and reading more than 3 articles related to Bandhan Bank locker charges.
FEATURES OF BANDHAN BANK LOCKERS
1. Wide Availability:
Bandhan Bank provides locker facilities at over 499 branches, making it easily accessible for customers across various locations.
2. Size Options:
To cater to diverse storage needs, the bank offers three size options for lockers, ensuring your valuables can be accommodated appropriately.
3. Competitive Rentals:
Bandhan Bank understands the importance of cost-effectiveness. Therefore, the locker rentals are competitive, providing value for money.
4. Direct Debit of Rent:
To ensure a hassle-free experience, the bank offers the convenience of direct debit for locker rent from your Bandhan Bank account, eliminating the need for manual payments.
5. Nomination Facility:
Customers can avail the nomination facility for their lockers, adding an extra layer of security and peace of mind.
LOCKER CHARGES IN BANDHAN BANK
When it comes to pricing, Bandhan Bank offers transparent and straightforward locker rental charges. Here are the annual rental fees for each locker size:
1. Small Locker: ₹3,000+ GST, per annum
2. Medium Locker: ₹6,000+ GST, per annum
3. Large Locker: ₹9,000+ GST, per annum
TERMS AND CONDITIONS IN BANDHAN BANK RELATED TO LOCKER
Before renting a locker with Bandhan Bank, it’s essential to be aware of the following terms and conditions:
1. Annual Rent Collection: Locker rent is collected on an annual basis and is payable in advance.
2. Non-Refundable Rent: Once the annual rent is collected, it is non-refundable, even if the customer decides to surrender the locker during the rental period.
3. Eligibility for Rental: Lockers are available for rent or hire to existing account holders who are KYC compliant and have satisfactory operations in their accounts. Minors are not eligible for locker rental.
4. First-Come-First-Serve Basis: Locker allotment follows a first-come-first-serve basis, subject to the submission of the required application format, agreement, and other necessary documents, in adherence to regulatory guidelines and internal bank policies.
5. Variation in Locker Rent: Locker rent may vary across different branches within the same or different locations.
6. Detailed Information: For more comprehensive details on terms and conditions, we recommend visiting your nearest Bandhan Bank branch.
LOCKER SURRENDER AND REFUNDS
Should you decide to surrender your locker, the refund of rent, if applicable, will be made for the remaining unexpired period on a pro-rata monthly basis. In case the locker is in joint names, all hirers must sign a letter to inform the bank about the surrendering of the locker.
With Bandhan Bank’s locker facilities and competitive rental charges, you can rest assured that your valuables are safe and well-protected. Don’t hesitate to visit your nearest branch to get more information about the locker rental process and make the most of this valuable service.
BENEFITS OF BANDHAN BANK LOCKERS
1. Security and Peace of Mind: Bandhan Bank lockers offer a secure environment to store your precious belongings, providing you with peace of mind knowing that your valuables are in safe hands.
2. Convenience: With locker facilities available at numerous branches, accessing your stored items becomes convenient, and you can choose a location that suits your needs best.
3. Customizable Storage: Whether you need a small space for essential documents or a larger area for bulkier items, Bandhan Bank’s locker options allow you to customize your storage according to your requirements.
4. Affordable Storage Solution: The competitive rental charges make Bandhan Bank lockers an affordable storage solution, making it accessible to a broader range of customers.
5. Nomination Facility for Added Security: The nomination facility ensures that in case of any unforeseen circumstances, your nominated representative can access the locker, providing an added layer of security.
6. Easy Rent Payment: Bandhan Bank makes paying the locker rent hassle-free with the option of direct debit from your bank account, saving you time and effort.
7. Expert Guidance: The bank’s knowledgeable staff can guide you through the process of renting a locker, helping you choose the right size and understanding the terms and conditions.
SECURE YOUR LOCKER TODAY WITH BANDHAN BANK
Don’t wait to secure your valuable possessions; rent a Bandhan Bank locker today! With a wide network of branches, competitive rental charges, and a commitment to customer satisfaction, Bandhan Bank ensures that your belongings are kept safe and easily accessible whenever you need them.
FAQs
1. Can I rent a locker if I don’t have an account with Bandhan Bank?
No, Bandhan Bank lockers are available only to existing account holders who are KYC compliant and have satisfactory operations in their accounts.
2. Can I get a refund if I surrender the locker before the rental period ends?
Unfortunately, once the annual rent is collected, it is non-refundable, even if the locker is surrendered before the end of the rental period.
3. Are the locker rentals the same across all Bandhan Bank branches?
The locker rent may vary between branches within the same or different locations due to local factors and demand.
4. What documents do I need to submit for locker allotment?
 To apply for a locker, you will need to provide a completed application format, an agreement form, and any other documents as per the bank’s guidelines.
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CONCLUSION
Dear reader in this article you get to know about Locker charges in Bandhan Bank. Charges ranges between Rs 3000+GST to Rs 9000+GST.
Bandhan Bank lockers offer an excellent storage solution, providing a safe and secure environment for your valuable items. With competitive rental charges, customization options, and the convenience of rent payment, Bandhan Bank makes it easy for customers to safeguard their belongings. If you are an existing Bandhan Bank account holder and in need of a reliable storage facility, visit your nearest branch and rent a locker today.
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